https://blog.merklion.com/all/crypto-cemetary-dead-ico-number-rises/
The rising market competition, new world regulations and investor overfed with scam projects and ideas had led to the point that most of ICOs tend to fail more and more times. As the market is already overwhelmed with the blockchain-based solutions and countless fraud attempts looking like the new industry solutions. Due to the latest statistics, there are already more than a thousand cryptocurrency projects that actually ceased to exist.